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Russia expects its naturalgas exports, including via pipeline and LNG, to jump twofold by 2030 and threefold to 2050 under its new long-term energy strategy approved by the government on Monday. Crude oil and condensate production is targeted to increase from 531 million metric tons per year, or 10.66 million bpd, by 2050.
(Oil Price) –Chinese gas and clean energy distribution firm ENN Energy Holdings Limited has been valued at around US$11.6 ENN NaturalGas currently owns 34.28% in ENN Energy. ENN NaturalGas and ENN Energy are two of the four listed firms within the ENN Group conglomerate, which was founded by Wang Yusuo.
Image by Cylonphoto via iStock The European Commission has proposed legislation to stop the importation of naturalgas, oil and oil products from Russia into the European Union by 2027, betting on global liquefied naturalgas (LNG) and increased regional infrastructure interconnectivity.
March 29, 2025 Chart of the Day: EU Record LNG Imports from the US and Imports from Russia Decline Reuters: Exports of Russian PipelineGas to Europe Down 19% in March Month-on-Month, Data Shows Summary In March 2025, Gazprom's daily naturalgas exports to Europe via the TurkStream pipeline dropped 19.4%
(Investing) –BRUSSELS -The European Commission will next month propose legal measures to phase out the EUs imports of all Russian gas and liquefied naturalgas by the end of 2027, it said on Tuesday. Others, including Poland and the Baltic states, already stopped buying Russian gas.
Chart of the Day EOA: EU’s NaturalGas Imports by Source in January 2025 Subscribe now Summary Figure (1) shows EU gas imports by source. came via pipeline, while 41.4% Norway is the largest exporter of gas to the EU at 31.8%, followed by Russia at 18.9%, the US at 18.2%, and Qatar at 14.9%. were LNG imports.
Since Wednesday, August 29, naturalgas spot prices increased in most markets (exceptions were Florida and Rocky Mountain region). Commodity Price or Volumes Change since last % Change NaturalGas Spot (Henry Hub) $5.81/MMBtu NaturalGas in Storage 3,005 Bcf UP 36 Bcf 10.4%
The Chairman of the Egyptian NaturalGas Company (GASCO) Yasser Salah El Din stated that the company is working on several strategic pillars of the Ministry of Petroleum and Mineral Resources (MoPMR), especially in meeting the gas needs of the local market and the country’s economic sectors.
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